||**The Lidbury Family Trust**|**The Lidbury Family Trust**|**The Lidbury Family Trust**|||**1078511**|**1078511**||||
|---|---|---|---|---|---|---|---|---|---|---|
||**Receipts andpayments accounts**||||||||**CC16a**||
|**For the period**
**from**
~~ee~~|||Period start date
03.08.2022
~~ee ~~||**To**
~~ee~~||Period end date
02.08.2023||||
|**Section A Receipts and payments**|||||||||||
||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**||
||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||
|**A1 Receipts**|||||||||||
|Income from investments|**92,217**||**-**||**-**||**92,217**||**63,078**||
|Bank interest|**600**||**-**||**2,502**||**3,102**||**115**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
|**_Sub total_**_(Gross income for_
_AR)_|_(Gross income for_
_AR)_
**92,817**||**-**||**2,502**||**95,319**||**63,193**||
|**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**1,445,118**
**1,445,118**
**2,085,036**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**1,445,118**
**1,445,118**
**2,085,036**
**_Total receipts_**
**92,817**
**-**
**1,447,619**
**1,540,437**
**2,148,229**
~~S555~~|||||||||||
|**A3 Payments**|||||||||||
|Grants awarded|**30,000**||**-**||**393,404**||**423,404**||**60,000**||
|Investment manager fees(includingVAT)|**-**||**-**||**17,410**||**17,410**||**40,875**||
|Trust administration fees(includingVAT)|**-**||**-**||**15,580**||**15,580**||**-**||
|Bank charges|**-**||**-**||**18**||**18**||**90**||
|Independent Examiner fee|**-**||**-**||**780**||**780**||**780**||
|Cash management fees|**67**||**-**||**-**||**67**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
|**_Sub total_ **|**30,067**||**-**||**427,193**||**457,260**||**101,745**||
|**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**1,157,285**
**1,157,285**
**1,961,961**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**1,157,285**
**1,157,285**
**1,961,961**
**_Total payments_**
**30,067**
**-**
**1,584,477**
**1,614,544**
**2,063,706**
**_Net of receipts/(payments)_**
**62,750**
**- - 136,858**
**- 74,108**
**84,523**
**A5 Transfers between funds**
**- 99,615**
**- 99,615**
**-**
**-**
**A6 Cash funds last year end**
**61,463**
**- 107,922**
**169,385**
**84,862**
**_Cash funds this year end_**
**24,598**
**-**
**70,679**
**95,277**
**169,385**
~~—————_—~~
~~=====>>~~|||||||||||
CCXX R1 accounts (SS)
18/04/2024
1
## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**
**Restricted**||**Endowment**|
|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**
**funds**||**funds**|
||||**to nearest £**
**to nearest £**||**to nearest £**|
|**B1 Cash funds**|**-**
**-**
**70,679**
**24,598**
**-**
**-**
**-**
**-**
**-**
**24,598**
**-**
**70,679**
**_Total cash funds_**
Capital account
Income account
~~<==~~|||||
||(agree balances with receipts and payments|(agree balances with receipts and payments||||
||account(s))||OK
OK||OK|
||||**Unrestricted**
**Restricted**||**Endowment**|
||||**funds**
**funds**||**funds**|
||**Details**||**to nearest £**
**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~—_—~~|||||
||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**|
|**B3 Investment assets**|**Endowment**
**-**
**3,413,059**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Investment portfolio
~~—=——~~|||||
||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**|
|**B4 Assets retained for the**
**charity’s own use**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~aa~~|||||
||||**Fund to which**
**Amount due**||**When due**|
||**Details**||**liability relates**
**(optional)**||**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
CCXX R2 accounts (SS)|**-**
**-**
**-**
**-**
**-**
Date of
approval
Print Name
Chris Thurlow on behalf of Ludlow
Trust CompanyLimited
Signature
2
18/04/2024
~~—~~|||||
## **Trustees’ Annual Report for the period**
## **From 03 August 2022 To 2 August 2023**
**Charity name: The Lidbury Family Trust**
## **Charity registration number: 1078511**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objectives of the Trust are to further
such objects or purposes which are
exclusively charitable according to the law of
England and Wales in any part of the world
and in such manner as the Trustees may in
their absolute discretion think fit.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|In furtherance of the charity’s objects for the
public benefit the trustees provide grants.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In determining the charity’s activities the
trustees have had regard to the Charity
Commission’s guidance on public benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
||Para 1.38|
|Policy on grant making||
||Para 1.38|
|Policy on social investment||
|including program related||
|investment||
||Para 1.38|
|Contribution made by||
|volunteers||
Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During the year under review the charity
made grant awards to eight institutions
totalling £423,404.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the reporting period the charity
had reserves of £24,599 (2022: £61,463).
In addition to the free reserves the charity
has bank balances of £70,679 (2022:
£107,922) and investments valued at
£3,413,059 within the endowment fund.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees pursue a policy of
maintaining a free reserve available to be
spent in the furtherance of the charity’s
objectives as well as covering future needs,
opportunities, contingencies and risks.|
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)** You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
|A description of the principal
risks facing the charity|Para 1.46||
|---|---|---|
|Other||Expendable endowment funds are those
which are required to be invested to produce
income, but which may be transferred to
unrestricted funds at the discretion of the
trustees in order that they may be expended
in furtherance of the charity’s objectives.
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
charity and which have not been
designated for other purposes.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|
Para 1.25|Trust deed dated 2 August 1999 as
amended by resolution 9 April 2020.|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Trust|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed by deed by the
settlor and subsequent trustees.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works
|Relationship with any related
parties|Para 1.51||
|---|---|---|
|Other|||
## **Reference and Administrative details**
|Charity name|The Lidbury Family Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1078511|
|Charity’s principal address|Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Ludlow Trust Company
Limited||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of adviser**|**Name**|**Address**|
|---|---|---|
|**Investment Managers**|NatWest Plc|2ndFloor, Trinity Quay II, Avon
Street, Bristol BS2 2DH|
|**Bankers**|NatWest Plc|2ndFloor, Trinity Quay II, Avon
Street, Bristol BS2 2DH|
|**Solicitors**|||
|**Independent Examiner**|KJF Accounting Limited|17 Sheringham Avenue, Southgate,
London, N14 4UB|
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Chris Thurlow on behalf of Ludlow **Full name(s)** ~~a~~ Trust Company Limited **Position (eg Secretary, Chair, etc) Date** ~~|~~
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
The Lidbury Family Trust
On accounts for the year
ended
2nd August 2023
Charity no
(if any)
1078511
Set out on pages
1 to2
I report to the trustees on my examination of the accounts of the above
nd
charity {"the Trust") for the year ended 2 August 2023.
Responsibilitie5 and As the charity truslees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 1"the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 14515)(bl of the Act.
I have completed my examination. I confim that no material matters have
come to my attention in connection with the examination which gives me
cause to believe Ihat in, any material respect..
accounting records were not kept in accordance with section 130 of
the Acl or
the accounts do not accord with the acwunting records
Independent
examiner's statement
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Signed:
Date:
Name:
Mr Keith Felton
Relevant professional
qualificationls) or body
lif any}-
ACCA
Address:
KJF Accounting Ltd, 17 Sheringham Avenue. Southgate, London N14 4UB
Section B
Disclosure
Only complete if the examiner needs to highlight matters of concem (see CC32,
Independent examination of charity accounts.. directions and guidance for
examiners).
IER
October 2018
Glve here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018
## 2024-04-29Lidbury-Accounts
Final Audit Report
2024-04-29
Created: 2024-04-29 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAA8ynENSywkEDoZQmnHCPIHunhV9V_tB5W
## "2024-04-29Lidbury-Accounts" History
- Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com)
2024-04-29 - 1:56:16 PM GMT
Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2024-04-29 - 1:56:20 PM GMT
- Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2024-04-29 - 2:06:00 PM GMT
- Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2024-04-29 - 2:06:28 PM GMT - Time Source: server
Agreement completed.
2024-04-29 - 2:06:28 PM GMT